BMAL 590 Global Dimensions of Business (Answered) Complete Solution

BMAL 590 Global Dimensions of Business (Answered) Complete Solution Overall, strategy is None of the above Much of our knowledge about "the firm" is from research on firms in Anglo-American capitalism The word ________ has now become the most famous Chinese business word to appear English-language media and means interpersonal networks Guanxi "Global Strategy" refers to All of the above Global strategies have reached new levels of significance because of three defining events: Terrorist attacks, anti-globalization protests, and corporate crisis in Asia and the U.S. A SWOT analysis entails a firm's assessment of ________ Strengths, weaknesses, opportunities, and threats At the dawn of the 21st century, ________ had significant ramifications for companies and strategists around the world All of the above Knowing the concepts and components of global strategy will All of the above What is the best view of the concept of globalization? All of the above What are the three "legs" of the strategy tripod that ensure a strategy impacts performance? Industry-based competition, firm-specific resources and capabilities, and institutional conditions and transitions In developing a strategy regarding competition or cooperation, it would be useful to not "Look back, reason ahead" "The extent to which a given competitor possesses strategic endowment comparable, in terms of both type and amount, to those of the focal firm" refers to similarity of Resources Which is not true concerning U.S. anti-trust policy today? The legal standards for inter-firm cooperation are no longer ambiguous in the U.S. Dumping is defined as An exporter selling below cost abroad and planning to raise prices after eliminating local rivals In some industries where pressures for globalization are relatively low, local firms may possess some skills and assets that are transferable overseas, thus leading to a/an ________ strategy Extender The main types of attack include All of the above Which of the following would not be considered an initial set of actions to gain competitive advantage Counterattacks Which of the following is not a legal means of signaling? Direct discussion of reduced rivalry with competitors Which is true of strategy? All of the above The three drives of counterattacks do not include Vengeance Which of the following is not an argument in favor of centralization in knowledge management but instead is an argument in favor of decentralization? Permits greater speed, flexibility, and innovation Unique to international competition are the pressures for local responsiveness, which are reflected in All of the above Four strategic choices for MNEs do not include Domestic The type of knowledge that is codifiable (that is, it can be written down and transferred without losing much of its richness) is called Explicit Which is true of globalized R&D? For large firms, there are actually diminishing returns for R&D Knowledge management uses "centers of excellence" in which type of MNE? Global standardization Localization (multi-domestic) strategy involves all of the following except Global standardization strategy is the same as a multi-domestic strategy Pressures for cost reductions and local responsiveness include All of the above Which of the following is not an argument in favor of decentralization in knowledge management but instead is an argument in favor of centralization? Sufficient power for corporate-level managers to initiate necessary actions This structure is often used to supply customers (often other MNEs) in a coordinated and consistent way across various countries Global account structure